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Results (10,000+)
Mysonne Johnson Protection: Enity & LLC
24 June 2020 | 7 replies
If you want people to get to know your work, you need to ah e one fixed company name.
Anthony Sarrouf Direct Mail - Branded vs Non-Branded?
11 June 2020 | 6 replies
In your Direct Mail postcards, do you vote for a branded postcard, with your branded website following the specific design language of your brand, or do you vote for the handwritten non-branded personal postcard coming from the concerned rich neighbor down the street?
Richard Mur Choosing My Brokerage; Caveats VS Positive Nuances
14 June 2020 | 1 reply
Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.
Jack B. Does a rental have to be occupied for a 1031 exchange
14 June 2020 | 5 replies
You really need to talk to your tax advisor Has it stayed on your schedule E for the entire time?
David Reo How to raise seed money for a real estate business
22 June 2020 | 13 replies
Right now I am looking into a structure like this:-Borrow from an individual with an IRA -> convert to a SDIRA-Make loan interest and principle payable at the end of term (because it's an IRA)-Structure similar to a construction loan with monthly drawdowns of about $5k for the highest probability of success with direct mail-Possibility for an equity component: pledge a percentage of profit along with normal interest in the promissory note (a joint venture)Would this be attractive to a potential investor considering I am wholesaling in California and the average fee is $15k-$20k on the lower end?
Dalyn Hazell D4D Leads - Pass or no?
14 June 2020 | 6 replies
@Dalyn HazelI agree with Barry.If you are spending time driving around for d4$ and you find one distressed may as well mail them.
Eric Márquez Finding owners contact information to abandoned property
11 June 2020 | 3 replies
If the owner's statement is mailed to another address, it will be listed here.  
Schuyler Witt Apartment Deal Flow Help in Fayetteville and Jacksonville NC
11 June 2020 | 1 reply
ListSource seems decent BUT direct mail has such a low open rate I don't want to do that.
Ryan Bird Recorder deed - Cook County
12 June 2020 | 7 replies
If you use e-recording, they are getting scanned in after a few weeks, but I don't think they are getting mailed.
Andrew Melvil Absentee and out of state
17 April 2020 | 2 replies
Hey Andrey,Absentee owners are owners whose mailing address is different than the property address.